Category Archives: Personal Extension

Information on How to Request an IRS Tax Extension

Go Online As we all know, life is busy and unpredictable, and sometimes deadlines are difficult or just plain impossible to meet. If you need a bit more time to file your federal tax return, don’t sweat it. Here’s a …

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Tax Extensions: Snail Mail vs. Online

It is a critical time of year for tax returns. If you have not started your tax return filing yet, you are running out of time. With less than a week left before the April 15th deadline for tax return …

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What Is a Military Tax Extension?

If you serve in the military for the United States, including all active duty contingents, or you are providing active support for the US military in an active combat zone, you are entitled to certain extension provisions. There are two …

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Understanding Child Tax Credits

Raising a child is expensive! Between food, clothing, activities, medical expenses and education, money can disappear in a snap. The child tax credit was designed to help families offset this cost. Child tax credits provide major tax relief for many …

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Education Expenses and Your Taxes

If you pay educational expenses for yourself or your dependent, there are some tax considerations to keep in mind. In fact, with recent changes to the education credits and deductions allowed, you can claim quite a significant portion of education …

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Is it Smart to Pay Your Tax Bill in Installments?

There are essentially three ways to pay your federal taxes in installments, which many people are unaware of. Of course, it is smart to pay your tax liability in installments if you fall within the guidelines for the first two …

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Getting a Tax Extension Online Is Easy

Filing an incomplete or inaccurate tax return is a surefire way to raise red flags at the IRS. Instead of inviting a tax audit, it would be much more beneficial to extend your filing deadline with an online tax extension. …

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Advantages of a Tax Extension

There are a number of advantages to filing a tax extension, although these benefits may not be immediately obvious to the average taxpayer. This article discusses some of the biggest advantages to obtaining a tax extension, whether you need one …

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What Qualifies as Non Taxable Income?

Almost any payment you receive from an employer is considered taxable income –including your wages, salary, and cash disbursements, as well as payments in kind, most benefits, and items received in barter for services. Even certain services you receive (such …

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5 Tax Scams to Know About

As if tax time was not difficult enough with having to file on time, pay your tax liability and ensuring all your exemptions, deductions and credits are claimed; now you need to be aware of tax scams that can further …

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